Well... not the time of bitcoin, as it seams. This is the time for gold to become a bubble, reaching now 1.700 USD/oz.

In these times of fiat failure everything one can grab to avoid it just turns to bubbles quite easily. Btc will kick of again, but probably the next bubble will be silver after this one on gold blasts.

LOL! Like if you can "show" anybody a bubble BEFORE it blasts. This is like guys telling and betting when BTC would reach 50 USD back when it was raising to 30...If things manage to settle in the fiat currencies side, I can show you the gold bubble tomorrow, if it takes more a few months, will be then... either way expect losses on gold pretty soon.

As long as you take "fiat dollars" as your primary currency, your statement is either wishful thinking or plain bull. After all the "overpricing" of gold is actually measurable in those "fiat dollars", just like the overpricing of bitcoin about 1 month ago.

As long as you take "fiat dollars" as your primary currency, your statement is either wishful thinking or plain bull. After all the "overpricing" of gold is actually measurable in those "fiat dollars", just like the overpricing of bitcoin about 1 month ago.

Everything has an intrinsic value of zero, gold included, taken there's no such thing at all.

Agreed, but gold and silver have been money for over 6000 years. That's good enough for me. When fiat currencies fail, it's back to gold and silver. Until governments tell the people they have something better (fiat). Then the whole cycle repeats itself. Over and over.

I think that misses the point on the "fiat failure" (Which I agree too, however it's input to your at the point of a gun so far), it's failure derives from not be a currency generated by wealth but by debit. Like if the ability to get credit was more important than the wealth generated... reason why US, Ireland, Portugal, Greece, Spain and Italy are in their current situation.

Gold is going to $2,000+, mostly due to the actions of the Federal Reserve.

I believe people were calling it a 'bubble' around $1,000 an ounce, lol.

People was calling BTC a bubble @ 15, was calling it a bubble at 20, was calling it a bubble at 30... then it blasted. It didn't made those people wrong.Gold is in the same path, sooner or later will blast, for those lucky enough to jump on its peak will be good, for those entering or holding there will be a nightmare.

Gold is going to $2,000+, mostly due to the actions of the Federal Reserve.

I believe people were calling it a 'bubble' around $1,000 an ounce, lol.

People was calling BTC a bubble @ 15, was calling it a bubble at 20, was calling it a bubble at 30... then it blasted. It didn't made those people wrong.Gold is in the same path, sooner or later will blast, for those lucky enough to jump on its peak will be good, for those entering or holding there will be a nightmare.

So you think people should sell their gold for quickly depreciating fiat slave tickets when the time is right?

People was calling BTC a bubble @ 15, was calling it a bubble at 20, was calling it a bubble at 30... then it blasted. It didn't made those people wrong.Gold is in the same path, sooner or later will blast, for those lucky enough to jump on its peak will be good, for those entering or holding there will be a nightmare.

It's pretty pointless for me to talk about this with you, because I can clearly see you don't see things the way they are.

Super short explanation.. BTC at 15 was overbought and it was bubble in the making. Gold is trending right on its technicals, which you can see on the chart I linked. Gold is hyped by millions upon millions as a protection against inflation. Its easy to buy/sell and free to store. It doesn't take much space to store 1 mill worth of gold. Big boys play a big role about its future price, they will ultimately decide when enough is enough.

Of course gold price will eventually top and then selloff and people like you will laugh and write pages that you knew this all along. But if someone who invests in gold has an average price of $1000 and price tops at $2500 then crashes and drops to $1900, where this poor soul finally sells his position, he/she still made 90% profit. Making profit is the name of the game. Every monkey can predict that everything that ever went up will eventually top and then go lower. Timing is everything and timing is what you missing.